US Stocks Seem Extremely Overbought

The S&P 500 continues to reach new highs on a weekly basis. But a major top could be forming right now. One of the most reliable indicators to anticipate market tops and bottoms has been the bullish percent index. The BPI is a breath indicator that uses a point & figure chart to determine when markets are overvalued… Read More »

Fastest growth since 1867

Welcoming 1.2 million new people this year Happy holidays, everyone. 🎅 With a new year comes new challenges and opportunities. But one thing that won’t change much in 2024 is the rate of immigration, lol. The government recently decided to plateau its long-term immigration targets, gradually increasing the amount of new permanent residents from 465,000 in 2023 to… Read More »

Small caps looking cheap again

Small stocks, big value The stock market has been on a tear lately. The S&P 500 now has a forward P/E ratio of 18.7 which is more expensive than its historical average. As investors we want to buy assets when they are cheap. Luckily stocks can be grouped by size. The S&P 500 are large cap companies. But… Read More »

The most expensive Canadian cities

By | 09/12/2023

Renters can feel house poor too The cost of rent continues to climb in Canada. Nowhere is it more expensive than the Greater Vancouver Area. According to the top 5 Canadian cities with the highest average rent are all here in the lower mainland. Here are the prices for a 1 bedroom unit without furniture. Below are… Read More »